Technology
IIT Madras Research Park launches phyto accelerator
The Hindu BusinessLine··1d ago
IIT Madras Research Park launched a Phyto-Innovation Accelerator on Thursday to commercialise plant cell culture and phytomedicine research, anchored by the Herbalife-IITM Centre of Excellence on plant cell fermentation. Education Minister Prahlad Joshi inaugurated it in Chennai. The Herbalife-IIT Madras centre opened in June to scale herbal biomass and develop enriched phytochemical extracts for markets.
Prism
What It Means For You
- Startups in plant-based therapeutics can apply through the new accelerator at IIT Madras Research Park.
- Joshi also toured lab-grown diamond and advanced manufacturing facilities on the campus visit.
- Herbalife's centre targets sustainable production of high-value phytochemicals for industry partners.
What's Happening
- The accelerator aims to move lab innovations to commercial markets.
- Joshi interacted with startups including Mindgrove Technologies and Agnikul Cosmos.
- The CoE was set up in June for plant cell fermentation technology.
Research Park Role
- IIT Madras Research Park hosts industry-linked R&D and spin-offs.
- Phyto-innovation covers plant cell cultures used in medicines and nutraceuticals.
- Minister Joshi represents the Union education ministry at the launch.
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